Bob Green, VP of Lending at Tropical Financial Credit Union, explains why home sales in Florida are on the rise. Mortgage interest rates are at all time lows but are increasing due to expected economic growth.
Friday, May 14, 2010
Tuesday, May 11, 2010
First Time Home Buyers Love TFCU's Fixed Rate Mortgages

First Time Homebuyers can count on Tropical Financial Credit Union for an easy to qualify for fixed rate mortgage. Our mortgage officers will help you find a loan that will remain affordable for the duration of the loan. Let TFCU help make your dream home a reality.

Monday, May 10, 2010
What is a Credit Union?
A credit union is a financial institution that works differently from a bank.
Individuals join as members of a credit union because of a region they live in or company they work for. Credit unions typically offer the same services as banks, including deposits, loans and mortgages at lower rates.
The reason credit unions can offer lower rates than banks is because they are not for profit organizations. This means that credit unions do not have to pay taxes and can offer fewer fees and lower rates to members.
Being a member of a credit union also has the advantage of owning a portion of the company, and receiving a portion of the profits. Members are also able to vote on important matters in the credit union, including the Board of Directors.
Individuals join as members of a credit union because of a region they live in or company they work for. Credit unions typically offer the same services as banks, including deposits, loans and mortgages at lower rates.
The reason credit unions can offer lower rates than banks is because they are not for profit organizations. This means that credit unions do not have to pay taxes and can offer fewer fees and lower rates to members.
Being a member of a credit union also has the advantage of owning a portion of the company, and receiving a portion of the profits. Members are also able to vote on important matters in the credit union, including the Board of Directors.
Labels:
bank,
bank deposits,
credit union,
financial institutions,
loans,
lower rates,
mortgages
Tuesday, May 4, 2010
TFCU Is Giving Away $250 Cash!
Forget about robbing the bank, Tropical Financial Credit Union is giving away FREE money!For a limited time only, when you open a Business Checking Account with TFCU we will give you $50 cash.
Plus, refinance your auto loan with us and we'll throw in an extra $200 cash on top of our already low rates!
That's $250 of FREE MONEY!
Wednesday, April 28, 2010
Celebrate Financial Literacy Month with TFCU
April is Financial Literacy Month!
But regardless of what month it is, you can make a commitment to your financial literacy.
In honor of the 30 days of April, the folks at Money Management International put together a 30 step path to financial wellness. Take the first step today and begin your journey to financial stability!
Monday, April 26, 2010
Stimulus Spending has Helped 153,000 Florida Workers

A year ago, Florida expected to receive $12.5 billion from the stimulus bill. Now the estimate is up to $19.5 billion, as 153,000 Florida workers' jobs have been either saved or created as a result of stimulus spending.
Although Florida still suffers from a rising unemployment rate, currently at 12.3%, conditions would be much worse without the federal spending which extended unemployment benefits and created job opportunities for Floridians.
The stimulus bill has helped save or create jobs for 2.8 million workers nationwide.
Sunday, April 18, 2010
Great Deals on New Wheels - TFCU's BIG Auto Sale!

Get great deals on a set of new wheels at Tropical Financial Credit Union's Members Only Auto Sale!
Visit one of our participating dealerships Friday, April 23rd through Sunday, April 25th and take advantage of members only perks including rates starting at 3.99% APR up to 72 months, 2% over invoice, no dealer fees, and of course special pricing for TFCU members!
For more information and a list of participating dealerships, visit Tropical Financial Credit Union.
Labels:
apr,
auto sale,
dealerships,
rates,
tfcu members,
tropical financial credit union
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